Unemployment Rate for Uruguay

Indicator Definition:
Unemployment refers to the share of the labor force that is without work but available for and seeking employment.

The statistic "Unemployment Rate" stands at 8.40 percent as of 12/31/2024.
Regarding the One-Year-Change of the series, the current value constitutes an increase of 0.046 percentage points compared to the value the year prior.
The 1 year change in percentage points is 0.046.
The 3 year change in percentage points is -0.927.
The 5 year change in percentage points is -0.435.
The 10 year change in percentage points is 1.85.

The Serie's long term average value is 9.65 percent. It's latest available value, on 12/31/2024, is 1.25 percentage points lower, compared to it's long term average value.
The Serie's change in percentage points from it's minimum value, on 12/31/2011, to it's latest available value, on 12/31/2024, is +2.09.
The Serie's change in percentage points from it's maximum value, on 12/31/2003, to it's latest available value, on 12/31/2024, is -8.26.